New Delhi, Feb. 19 -- After a brief lull, the US Securities and Exchange Commission has sought help from Indian authorities in its investigation of Adani Group founder Gautam Adani and his nephew over alleged securities fraud, a court filing showed on Tuesday.
The regulator told a New York district court that the defendants are located in India and the SEC's efforts to serve them there are ongoing, including through a request for assistance to the Indian authorities to effect service under the Hague Service Convention for Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters.
The SEC had filed its complaint in November last year alleging that Defendants violated the antifraud provisions of the federal secur...